#USA #Fort Lauderdale #HoldCo Asset Management #Comerica Inc #NYSE CMA

HoldCo Asset Management Advocates for Immediate Sale of Comerica Inc.

Fort Lauderdale, FL – July 28, 2025 – HoldCo Asset Management, L.P., a significant investment firm established in Florida, has made headlines by issuing a public presentation directed at the board of directors of Comerica Inc., highlighting its urgent recommendation for an immediate sale process of the company. This strategic appeal is underscored by HoldCo's ownership of Comerica's common stock, reflecting its vested interest in the company's stock performance.

Presentation Details

The presentation, officially titled "To the Board of Directors of Comerica Inc. We Echo Mayo – If Not Now, Then When?" was disseminated on the company's website, providing insights into HoldCo's rationale behind this significant request.
In the document, HoldCo details various concerns surrounding Comerica’s operational strategies and overall market performance, pushing for a re-evaluation of its current trajectory. By taking this matter public, HoldCo aims to foster a dialogue about the potential benefits of an immediate transition in the company's ownership.

"We believe that the current situation demands decisive action," stated Vik Ghei, one of HoldCo's founding partners. He emphasized that the market environment presents a unique opportunity for an acquisition, one that Comerica's board should not overlook. This strategic initiative is hoped to align with the best interests of its shareholders, marking a pivotal moment for the company's future.

About HoldCo Asset Management

Founded by Vik Ghei and Misha Zaitzeff, HoldCo Asset Management specializes in managing investments and assets, with a reported $2.6 billion under regulatory management. The firm is based in Fort Lauderdale and has garnered attention for its assertive position in the investment domain. This latest move reflects its active engagement in corporate governance and shareholder activism.
Their approach is not merely passive; HoldCo engages directly with companies to advocate for what they perceive as necessary changes to enhance shareholder value and operational efficiency.

Furthermore, HoldCo's declaration reveals that it not only holds a significant amount of Comerica's stocks but is also prepared to leverage its influence to propel the company toward what it sees as a more favorable future. "Our backing of Comerica stems from our confidence in its potential, yet the urgency for transformation is undeniable," Ghei further explained.
For clarity, HoldCo also issued a disclaimer regarding its investment positions, asserting that its views can evolve over time, emphasizing the dynamic nature of financial markets and investments. They maintained that the perspectives shared in the presentation are solely based on publicly available information and are intended for informational purposes.

Implications for Comerica Inc.

As news of this presentation circulates, the implications for Comerica Inc. are significant. With increased pressure from shareholders, the board will likely face scrutiny about its strategy moving forward. Stakeholders are eager to see whether the directors of Comerica will heed this call or continue with their existing plan of action. HoldCo's proactive stance exemplifies the growing trend of shareholder activism, particularly among institutional investors seeking to catalyze organizational changes.
Investors and market watchers are keenly observing how Comerica will respond to such public appeal and whether a sale process is on the horizon. The posturing from HoldCo could signal a shift in the competitive landscape, particularly within the banking sector, as companies reassess their value propositions in an increasingly challenging economic environment.

In conclusion, HoldCo Asset Management's recent public announcement serves as a critical reminder of the influence that institutional investors can exert on board decisions. With an eye on shareholder interests, this situation underscores the importance of strategic adaptability in today's financial landscape, where the stakes are continually evolving.